Nevada Gold & Casinos, an operator of gaming facilities, posted net income of $27 million, or $2.08 per share, on revenue of $1.4 million, for the three months ended Jan. 27, 2008. That compared with a net loss of $1.5 million, or 12 cents per share, on revenue of $3.8 million, for the third quarter in 2007.

Analysts polled by Thomson Financial had expected Houston-based Nevada Gold (AMEX: UWN) to have a net loss of 3 cents per share.

Financial services holding company Sanders Morris Harris Group reported a net loss of $596,000, or 2 cents per share, on revenue of $48 million, for the three months ended Dec. 31, 2007. That compared with net income of $2.6 million, or 11 cents per share, on revenue of $41 million, for the same quarter a year-earlier.

Analysts were expecting Houston-based Sanders (NASDAQ: SMHG) to have net earnings per share of 1 cent.

For the year, net income was $5.1 million, or 20 cents per share, on revenue of $185.8 million, compared with net income of $3.4 million, or 16 cents per share, on revenue of $166.7 million, in 2006.